Sorry, I am going to requalify the question. I wish I could start thinking about purchasig realestate inside of my IRA. That is not what I was talking about.
What I am referring too is that I believe I am eligible to withdraw funds from my Roth IRA penalty free for the purchase of a home. I believe it might also be on first homes only. I think that there is still a requirement that the funds need to have been in the IRA for 5 years.
Each successive year I wait to buy provides me additional opportunities to tap into the Roth to help with my Downpayment etc. I am also wonderingif ther is a cap on how much you can pull out.
